1622 Woodruff RdGreenville, SC 29607

Property Details for 1622 Woodruff Rd

Year built

1984

Lot size

3.20 AC

Zone code

C1

Property type

Retail space

APN

0539.01-01-002.05

APU

539010100205

Description

This exceptional retail property, located at 1622-1624 Woodruff Road in Greenville, South Carolina, 29607, offers 20,524 square feet of prime retail space in a thriving strip center. The property is ideally suited for multiple tenants, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 1,000 square feet. This allows for flexibility in tenant occupancy, catering to a variety of business needs. The property's location on Woodruff Road ensures high visibility and accessibility, benefiting from significant foot and vehicular traffic. The address is 1622-1624 Woodruff Rd, Greenville, SC 29607. This presents a unique opportunity for businesses seeking a well-established location within a bustling commercial area of Greenville. The property type is retail, specifically a strip center, offering a convenient and attractive setting for various retail ventures. The property's geographic coordinates are latitude 34.8184724 and longitude -82.2737302. This prime retail space is ready for immediate occupancy and presents a strong investment opportunity. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $44,982,656

  6.5%

  $41,522,452

  7%

  $38,556,564

• Comparable approach

  Method

  Valuation

  Relative Method

  $28,919,882

  Geo Method

  $28,919,882

• Alternative Use

  Use

  Valuation

  Residential

  $35,025,744

  Hospitality

  $32,083,392

  Educational

  $26,693,006

  Medical

  $27,611,018

  Retail

  $41,522,452

Location Insight

City

Greenville

County

Greenville

State

South Carolina

Latitude

34.8185

Longitude

-82.2737

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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